High Low Chart - Drawing Item

The High Low Chart is a custom drawing tool I have created to display the percentage distance from the cursor position to the highest high and lowest low of a chart quotes.

When moving your mouse cursor, the percentage change from the current mouse Y position to the highest high and to the lowest low are automatically updated; they are also updated when moving the chart position (when the highest high and lowest low changes).
This custom drawing tool also draws a green line from the mouse position to the highest point and a red line from the mouse position to the lowest point. To remove the item, simply click on the chart.

The drawing tool script consists of the following parts:
- Stops drawing if at least one click is detected
- Calculates the highest and lowest Y values and their corresponding X values. The high and low time-series are obtained with the help of the "Functions.ChartData.GetTimeSeries" function.
- Draws percentage values using "Functions.PaneObject.DrawText" function
- Draws lines using "Functions.PaneObject.DrawLine" function

The drawing item cannot be moved or resized; it only displays the percentage change of the mouse position to highest and lowest values visible on the chart.

Technical Analysis

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Fundamental Analysis

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• Predict financial and stock markets with textual analysis
• Trade Weighted Exchange Index
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• More trading objects...